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Microsoft Dynamics AX 2012 Financials Sample Questions:

1. You need to automatically select all vendor payments that are due within the same week. In Microsoft Dynamics AX 2012, what should you do?

A) Create a payment method and select Date in the Period field.
B) Create a payment method and select Week in the Period field.
C) Configure a payment fee.
D) Configure a payment control.

2. Which of the following statements about customer account statements in Microsoft Dynamics AX 2012 are true? (Choose all that apply.)

A) If a customer account statement includes multiple currencies, the statement displays the opening and closing balance for each currency.
B) A customer account statement displays only transactional data for a period.
C) In a multi-company environment, a customer account statement can include transactional data for only one company.
D) In a multi-company environment, a customer account statement can include transactional data for multiple companies.

3. In Microsoft Dynamics AX 2012, how can you assign fixed asset numbering? (Choose all that apply.)

A) automatically based on value models
B) manually
C) automatically based on a fixed asset calendar
D) automatically based on fixed asset groups

4. Which type of fixed asset value adjustment is available in Microsoft Dynamics AX 2012?

A) Disposal scrap
B) Write up adjustment
C) Provision for reserve
D) Disposal sale

5. In Microsoft Dynamics AX 2012, which of the following is a requirement for using centralized payments?

A) The posting profile IDs for each of the companies must be unique.
B) Companies must be connected in an organizational hierarchy.
C) The currency codes in both companies must be the same.
D) The method of payment for each of the companies must be unique.

Solutions: